Monday, 04 April 2016 00:00

New Build Developments – The Hot Spots for 2016

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The top ten New Build Developments listed for 2016. Improved infrastructure provides the right reasons for Homebuyers and Investors to consider these new desirable areas. 

New Build Developments for 2016 - The top ten Highlighted by the Telegraph April 2016.

Developers do their homework . They spend their money wisely. They develop in areas of growing employment and improved infrastructure.  They set the scene for others to follow.

When they release new Build buy to let off plan it has to be to buyers that can complete fast.

Developers will often provide a discount to get the security of a first time buyer / buy to let investor.

Hot Spots identified by the Telegraph 3rd April 2016

1) Limehouse – London – Benefits from recovering financial sector and Olympic games infrastructure.

2) Woking  - Regeneration project underway. Distance to London is just 25 miles. Flats in high demand. Look out for the Barratts New Central Tower close to Woking station.

3) Elephant and Castle – Looks can be deceiving – On the up as it is now subject to massive regeneration over the next 10 years. Look out for the Metropolis – Vision Homes

4) Rotherham – Flats are in demand and what was coal mining has now moved on where jobs have been created.

5) Kew – More money planned so keep a watch on new build developments.

6) Hythe – Port – taking off because of a high speed link into London close by. The sea, the sand and the lifestyle. You can understand why it is on the up

7) Manchester – Gone back to developing a tram service with a difference. This brings infrastructure to the surrounding towns perfect for commuters.

8) Cambridge – Science is the theme. Firms are attracted as they want the best science graduates.  Massive lettings market see the Kaleidoscope scheme.

9) Birmingham – Improved infrastructure for the new HS2 railway high speed link. The Eastside is where it moves first with regeneration now approved.

10) South Wales – Lots of properties now available . Access via the M4. Some great developments built in woodland. You can leave the hussle and bustle behind

Investor Top Tips

Go for properties near to the commuter stations. Demand is high and these type of locations sell well. 

Properties South of Elephant and Castle are cheaper than the North of Elephant castle.  Savvy buyers will be watching carefully the planned regeneration developments.

When you find the property then consider using 

1) Exchange Insurance

2) A special legal pack that eliminates gazumping and comes with a rapid Exchange

3) Find your Conveyancer using the instant Homebuyer Conveyancing costs calculator.

 

Read 511 times Last modified on Monday, 04 April 2016 15:21

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